Gravita India has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported over 2- fold jump in its net profit at Rs 38.72 crore for the quarter under review as compared to Rs 16.33 crore for the same quarter in the previous year. Total income of the company increased by 23.26% at Rs 670.43 crore for Q1FY24 as compared Rs 543.90 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 17.69% rise in net profit at Rs 52.55 crore for the quarter ended June 30, 2023 as compared to Rs 44.65 crore for the same quarter in the previous year. Total income of the company increased by 15.35% at Rs 726.74 crore for Q1FY24 as compared Rs 630.01 crore for the corresponding quarter previous year.
